US Top Rating Updates on 9/7: NFLX, PINS, EA, PATH and More

Macquarie analyst Tim Nollen upgraded $Netflix(NFLX.US)$ to Neutral from Underperform with a price target of $230, up from $170. The analyst is now more confident in the company's longer-term upside potential. He estimates Netflix with ads could generate up to $3.6B in U.S. and Cinda sales by 2025 and $8.5B globally, adding $2B in total incremental revenue.

Wolfe Research analyst Deepak Mathivanan upgraded $Pinterest(PINS.US)$ to Outperform from Peer Perform with a $28 price target. The analyst believes the company has "significant runway" on both user growth and monetization over the long-term.

BTIG analyst David Larsen downgraded $Signify Health(SGFY.US)$ to Neutral from Buy following the announcement that it is being acquired by $CVS Health(CVS.US)$. While it is possible that another bidder could emerge, it is his view that CVS makes the most strategic sense for Signify and the process sounds like it was very thorough, Larsen tells investors in a research note.